Wang is a resident scholar at the Carnegie-Tsinghua Center for Global Policy and runs the China and Developing World Program. He discussed China's petcoke management at the Carnegie Endowment for International Peace in Washington on Wednesday.
Most of the 33 million metric tons of petcoke burned in China in 2013 came from Chinese refineries, said Wang Tao, a resident scholar with the Carnegie-Tsinghua Center for Global Policy in Beijing, but 7 million tons came from the U.S.
“In China, the petcoke is little known to most of the statistics and even to the energy sector itself, so we cannot find the official data of the petcoke consumption in the national statistics book,” Wang Tao, resident scholar at Carnegie-Tsinghua Center for Global Policy, said in a Wednesday discussion at Carnegie Endowment for International Peace.
“You realize very quickly that there’s a lot of differences that … are all hidden under one term called oil,” Deborah Gordon, who directs the Carnegie Endowment's Energy and Climate Program, said in a March interview. “I don’t think that’s going to be adequate for investors in the 21st century, or for governments permitting projects, or for the environmental community.”
As new forms of oil replace the conventional types, Deborah Gordon of the Christian Science Monitor asks the question, “What constitutes oil?”
“The more al-Naimi talks before the meeting, the less likely there are unexpected changes at the meeting,” says David Livingston, an associate in the energy and climate program at the Carnegie Endowment for International Peace, a Washington-based think tank. “The Saudis are committed to policy continuity right now.”
Moisés Naím summed up the country's fiscal woes in a 2013 article for Bloomberg after the death of President Hugo Chávez: "[Venezuela] has one of the world's largest fiscal deficits, highest inflation rates, worst misalignment of the exchange rate, fastest-growing debt, and one of the most precipitous drops in productive capacity - including that of the critical oil sector."
Before it can produce and export oil at that level, he said, Iran will have to make substantial investments in infrastructure, which have been lacking for years, said Burns, who retired last year and is now president of the Carnegie Endowment for International Peace, a foreign policy think tank.
“Moving upwards beyond those levels, in terms of oil production and oil exports in Iran, is going to require some quite substantial investment in infrastructure which has lacked that investment for a long time,” said Burns, now president of the Carnegie Endowment for International Peace, a foreign policy think tank.
Deborah Gordon, director of the Carnegie Endowment's Energy and Climate Programme – which has an office in Moscow – says the state of Russia's pipelines is a growing issue.